The Business Times, 5 October 1992

Total Pages: 48
1 48 The Business Times
  • 15 1 Business Times MITA (P) 35/12/91 Monday, October 5, 1992 THE BUSINESS PAPER FOR S^Ljoj 75*
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  • NEWS SUMMARY
    • 83 1 KUALA LUMPUR In spite of warnings by the police, more than 1,000 people turned up at an unprecedented rally at Batu Caves, Malaysia's biggest Hindu shrine near here, to call for the removal of Samy Vcllu as leader of Malaysian Indians. The atmosphere
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    • 69 1 NEW DELHI India has sweetened its terms for foreign oil companies in India, offering tax cuts and other incentives to those bidding on a new tender for exploration and development of some 40 oil and gas fields. Companies singly or in consortiums could
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    • 36 1 TAIWAN announced on Saturday it would cut its key interest rate by 0.5 percentage point, effective today, to pull the economy out of a slowdown and support the battered stock market Page 2
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    • 25 1 PRINCES, presidents and prime ministers gathered yesterday for a glittering ceremony to mark the Silver Jubilee of Brunei's Sultan Hassanal Bolkiah Page 7
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    • 37 1 RUSSIA and Ukraine have said they no longer accept responsibility for other former republics' share of the former Soviet Union's US$7O billion (SS 111 .4 billion) foreign debt to Western creditors. Page 8
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    • 40 1 BRITISH Prime Minister John Major said in an interview published yesterday that he would not let a "squabble" with Germany over blame for the collapse of the pound to undermine working relations with the Bonn government. Page 9
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    • 29 1 SHELL'S appraisal system has undergone some fine-tuning in recent years, with the stress on potential now matched by an equal emphasis on actual competence Page 11
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    • 31 1 SWISS-BASED New Sulzer Diesel has formed a Singapore subsidiary to bring its local efforts under one roof and to tap the marine engine market. Shipping Times Page 1
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  • MARKET SUMMARY
    • 32 1 RECENTLY-listed Red Box (Malaysia) Bhd, the world's second-largest photo album maker, plans to more than double the group's turnover by going into photo frames and stationery Page 3
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    • 33 1 FIRST Capital Corporation has agreed to sell its interests in six trading companies under the Guoline group to the Hong Leong Group of Malaysia for *****,000 cash Page 3
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    • 31 1 A SHARP rise in contributions from associated companies has more than doubled the earnings of Federal Cables, Wires Metal Manufacturing Bhd to MSI6 million (5510.24 million) Page 3
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    • 28 1 HOPEWELL Holdings is believed to have run into problems building a "super highway" that will link China's border town of Shenzhen with Guangzhou Page 4
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    • 41 1 BRITISH shares could fall sharply on a new round of corporate earnings downgrades, with analysts saying the last round of UK interest rate reduction may still be too little to reverse the British economy's slump Page 5
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    • 39 1 EXCHANGE rate turmoil resulting from the European monetary crisis could make it more difficult for China to repay its foreign debt, but the country will still meet its obligations, a state-run newspaper reported yesterday Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 653.01 -3.11 Kuala Lumpur ....594.59 -3.51 Tokyo 17,324.07 -45.84 Hongkong 5,595.44 +66.6 Sydney 1,483.0 +10.9 New York 3,200.61 -53.76 London 2.549.7 -22.6
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    • 23 1 Exchange rates US$ SS 1.5910 100 Yen SS 1.3286 MS SS 0.6372 Money market rates Overnight I -1/4 3-month 1 9/16% +1/16
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    • 30 1 Rubber S'pore Nov 144.00'/kg +0.50 M'sia Nov 221.50*/kg +1.50 KL Tin Turnover 33tonnes +11 Spot MS 16.00/kg +0.30 Crude palm oil Turnover 522 lots -243 Dec MS868 /tonne -3
      30 words
  • 544 1  -  SMA poll shows 46pc of investors in Johor, Batam enjoy lower costs By Chuang Peck Ming SINGAPORE Almost half 46 per cent of the local manufacturers who have invested in Batam and Johor say they have become more competitive by lowering their
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  • 448 1  -  From Lee Han Shih in HUANGSHAN A DETERIORATION in China's relations with the United States could mean a major setback in Beijing's reform movement, says Senior Minister Lee Kuan Yew. Speaking to Singapore reporters yesterday, Mr Lee said there are
    448 words
  • 356 1  -  Indon, M'sian memberships offloaded at big discounts By Kooi Cho Teng SINGAPORE Investments in some golf clubs in Malaysia and Indonesia are looking decidedly sick. The prices of memberships across the Causeway and in Batam have tumbled and holders are willing to offload their interests at a
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  • 122 1 AFP TAIPEI Taiwan's foreign exchange reserves hit a record U5589.44 billion (Ssl42 billion) at the end of August, the highest in the world, Central Bank of China (CBC) officials said yesterday. The figure represented an increase of US$l.99 billion from July, said the officials, who
    AFP  -  122 words
  • 356 1  -  From John Helmer in MOSCOW SINGAPORE is tapping the huge market of highly skilled Russian manpower. An initial 12 academics, dance and athletics coaches, and technology specialists are expected to start work in Singapore early next year. Their progress will be
    356 words
  • 179 1 Reuter HONGKONG Thefts of luxury cars in Hongkong have risen to the highest level this year, with robbers developing a taste for top-of-the-range Mercedes, police said yesterday. In the second quarter of this year, 276 Mercedes were stolen, more than double the figure
    Reuter  -  179 words
  • Page 1 Advertisements
    • 129 1 THE r "C 7 -v VISIBLE \DIFFERE NCt ~~S IN PROFESSIONAL EYE CARE UPTKJLE PiRtS \Hkl Plaza Singapura Liang Court WV) 4 Wanna Square Scotts Clifford Daimaru Sunglasses Counter saow^yjiTw^a. I Aircraft Schedule 27 KLSE 21 TV Radio 16 Analysis 10 Market Reviews 23 Weather 27 Commodities 26 Money Changer
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    • 10 1 Hock lx)ck Siew: Thai stock market booming again, Pg 3
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    • 107 1 There's no place 892 Bike home "^WthDulux. THE WORLD S NO 1 PAINT Remember when flying made dreams come true? Once, an aeroplane flight opened up a world of new opportunity for you. Even today, every business flight represents a chance to achieve a new goal And when you set
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 94 2 SINGAPORE Hong Leong Holdings and the Far East Organisation have each won a parcel of land from the Urban Redevelopment Authority under its Riverside Village project. Hong Leong will build shops and apartments on a site at Keng Cheow Street while Far East
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      • 108 2 SINGAPORE Singapore and Malaysia's power supplies are inter-connected to assist each other during an emergency, Tenaga Nasional Bhd said in a statement on Friday. The Malaysian national power supply company said its records show an outflow of 350 MW of power to the Public Utilities Board for
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      • 85 2 SINGAPORE The Republic of Singapore Air Force and the Royal Australian Air Force will be staging their first bilateral air exercise from today. Codenamed Ex Western Reward 92, the 15-day exercise will be held in Western Australia and will involve 125 RSAF personnel and 14 RSAF aircraft.
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      • 44 2 SINGAPORE The National University of Singapore Society has made National University of Singapore Vice-Chancel-lor Lim Pin an honorary member of the society. Prof Lim was conferred the honorary membership last Friday at a dinner at the Kent Ridge Guild House.
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    • 334 2 Limit on foreign currency allowed to be sent abroad raised to USssm Reuter AFP, Bloomberg TAIPEI Taiwan announced on Saturday it would cut its key interest rate by 0.5 percentage point, effective today, to pull the economy out of a slowdown and support
      Reuter; AFP,; Bloomberg  -  334 words
    • 306 2 Investment by Taipei firms likely to hit record high this year Reuter TAIPEI The "China fever" infecting Taiwanese businessmen will reach its height this year as billions of dollars are poured into the mainland, economists and trade associations say. Economists forecast indirect investment by Taiwanese
      Reuter  -  306 words
    • 427 2  -  By Teh Hooi Ling SINGAPORE THE Association of Small and Medium Enterprises (Asme) wants to better promote entrepreneurship by drawing into its ranks bigger companies and students. Asme's new president, Diong Tai Pew, thinks it is time the association takes
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    • 460 2  -  By Teh Hooi Ling SINGAPORE The weak world economy and sluggish local stock market have taken their toll on the Mendaki unit trust fund, Amanah Saham Mendaki. The $3S million fund has shown a very small profit for its first year, and
      460 words
  • Page 2 Advertisements
    • 190 2 The new German way to fly: more hospitality to shorten your long journey. Lufthansa. .y -a SSgSJ? v •&%> vfajf Jk> i M'm W™> > wm, jTmHskiM ft" W MnWSms&fi&g'-'' WTI li IL CV '■W. fe' JB V f i XV B TfJ i y M J m rj I
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    • 114 2 T1T1? ANTY SINGAPORE GUIDE *93 IN RUSSIAN LANGUAGE Mr. Businessmen* A 'Growth' opportunity for retailers, exporters, wholesalers ft The products service industry. With continuing economics reforms and relaxed travel regulations, a 'New* generation of Russian speaking businessmen and tourists with anhawrftfl bnying powers are visiting Singapore. Tlnw't iwi— out on
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  • COMPANY NEWS 1
    • 679 3  -  Diversification into bigger market of photo frames and stationery on the cards By William Chia SINGAPORE Recentlylisted Red Box (Malaysia) Bhd, the world's second-larg-est photo album maker, plans to more than double the group's turnover by going into photo frames and stationery, its chairman
      679 words
    • 362 3  -  By Dexter Lee SINGAPORE First Capital Corporation Ltd is close to completing its divestment of subsidiaries under its strategy of focusing only on core businesses. In a statement on Friday, FCC said it has agreed to sell its interests in six trading companies
      362 words
    • COMPANY BRIEFS
      • 46 3 SINGAPORE Trading of United International Securities Ltd's shares will be scripless from Nov 20, the company said in a circular to shareholders yesterday. Shareholders can start depositing their share certificates with the Central Depository Pte Ltd on Oct 23.
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      • 45 3 SINGAPORE Clipsal Industries (Holdings) Ltd has appointed Evelyn Tan its company secretary. Mrs Tan's appointment started on Thursday, the same day Tan Mui Keow and Jacqueline Woo resigned. Ms Tan and Ms Woo were, respectively, company secretary and deputy company secretary.
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      • 57 3 KUALA LUMPUR Hexza Corporation has forecast a group pre-tax profit (after minority interests) of about M 55.69 million (553.64 million) for the year ending Jan 3, 1993. Based on the forecast profit, Hexza's earnings per share will be 5.3 sen, based on the paid-up capital of
        57 words
      • 73 3 KUALA LUMPUR Perusahaan Otomobil Nasional Bhd (Proton) is proposing an employees' share option scheme which will increase its issued and paid-up capital to M 5519.37 million (*****.3 million), from the current MSSOO million. Aseambankers Malaysia Bhd said in a statement on behalf of Proton that the
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    • 322 3 MBT KUALA LUMPUR PB International Factors (PBIF) hopes to capture 12 per cent of the local factoring market, which is projected to be worth M 52.24 billion (551.43 billion) this year. Director Foo Kok Swec said the projection was based on the
      MBT  -  322 words
    • 546 3  -  THE HOCK LOCK SIEW COLUMN Best pickings in banking, finance and securities stocks By Loh Hui Yin SINGAPORE IT'S standing room only on the trading floors of Thai broking firms now, a dramatic change from the sleepy scenes of May, when housewives brought along their knitting
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    • 249 3  -  By Dexter Lee SINGAPORE A sharp rise in contributions from associated companies has more than doubled the earnings of Federal Cables, Wires Metal Manufacturing Bhd to Msl6 million (5510.24 million). This works out to earnings of 23.5 sen per share, up
      249 words
    • 531 4  -  Deadline unlikely to be met: Barings Securities From Stephen Vines in HONGKONG HONGKONG-BASED Hopewell Holdings is believed to have run into problems building a "super highway" that will link China's border town of Shenzhen with Guangzhou, capital of Guangdong province. Hopewell's short-term earnings
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    • 300 4 Knight-Ridder BANGKOK The Thai Ministry of Commerce will take up to a 40 per cent equity in a company seeking to launch an agricultural futures market in Thailand. Private investors would be sought for the remaining stake, said Saisawan
      Knight-Ridder  -  300 words
    • 234 4 Reuter TOKYO A majority of Japanese economic analysts think their reports have no effect on stock prices and that they are less valued than their counterparts in the US and Europe, according to a survey by the Securities Analysts' Association of Japan. Fifty-four per cent
      Reuter  -  234 words
    • 405 4 KnightRidder BANGKOK The Stock Exchange of Thailand does not have any proof of broker wrongdoing, but investigations are continuing, says the president of the exchange. SET computer trading data and other information gathered by the exchange's officials showed possible breaches of SET
      Knight- Ridder  -  405 words
    • COMPANY BRIEFS
      • 69 4 LOS ANGELES US federal prosecutors have filed criminal charges against Teledyne Industries Inc and one of its executives, accusing them of falsifying test results on military electronic components, officials said on Saturday. But a settlement that would impose a US$l7.5 million (5527.8 million) fine on
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      • 50 4 NEW YORK A US judge has dismissed a US$3OO million (Ss4Bo million) lawsuit filed against General Dynamics Corp by the US government in 1985. The government charged that the company gave false cost estimates for ship construction when it applied for shipbuilding subsidies in the *****.
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      • 59 4 PRAGUE Czechoslovakia's largest engineering group, Skoda Koncern Plzen, has laid ofT 1,200 employees and sacked 1,000. Another 2,200 would leave by the end of the year, a senior company official said last Thursday. Production will also be suspended at five of Skoda's 22 plants this month,
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      • 43 4 TOKYO Japan's Mitsubishi Petrochemical Co will continue ethylene production cuts through the end of this year, trading sources at the company said last Friday. Reduced production meant reduced demand for naphtha, from which ethylene is made, the sources said.
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      • 62 4 TOKYO Japan's Nissho Iwai has received an order worth 60 billion yen (***** million) from Algeria to renovate three liquefied natural gas plants, a company spokesman said on Friday. The Algerian state-run national oil and gas company, Sonatrach. hopes to raise LNG output at the
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      • 51 4 STUTTGART Daimler-Benz AG has taken a 5 per cent stake in Seoul-based South Korean Ssang Yong Motor Co. In January last year, Daimler unit, Mercedes-Benz AG signed a contract with its South Korean partner whereby Ssang Yong would manufacture 50,000 units of the light-weight MercedesBenz transporters, or MB
        51 words
      • 73 4 SYDNEY The number of Australian businesses that folded in August fell by 29 per cent from August last year to 573, the Australian Securities Commission said last Friday. Companies that closed down because of court-ordered proceedings or the appointment of provisional liquidators fell 51 per cent
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    • 477 5 Last round of rate cut too little to turn economy around, say analysts Bloomberg LONDON British shares could fall sharply on a new round of corporate earnings downgrades, with analysts saying the last round of UK interest rate reduction may still be
      Bloomberg  -  477 words
    • 247 5 Bloomberg WASHINGTON The proposed North American Free Trade Agreement (Nafta) will allow US securities firms to establish offices in Mexico, although there will be some restrictions, according to a study by the Securities Industry Association. Nafta allows US securities firms to
      Bloomberg  -  247 words
    • 226 5 Bloomberg LONDON Olympia York's Canary Wharf has offered £395 million (SSl.l billion) to the UK government to allow the Jubilee Line subway rail link between Canary Wharf and East London to be built, marking the first breakthrough in the rescue
      Bloomberg  -  226 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 837 4 In 1921, an enterprising immigrant from ©Afghanistan, Amir Mohamed Khan, set up the first carpet business in Singapore. The founder of Amir Sons upheld the important values of quality and old-world courtesy. Through the years we have built up a solid reputation based on dependability and trust. Today, Amir Sons,
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    • 23 4 Calling all SINGAPORE BUSINESS subscribers If you have not received your subscription copy, please call us during office hours on tel: 256-5559 (toll-free)
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    • 139 4 I "HOW TO START AND EXPAND YOUR BUSNESS" SEMINAR Date Saturday, 10/10/92 or 7/11/92 M Time 3pm to Spm I Venue Westin Hotel, Mercury Room, Level 4 I Cost SJ6B per participant I Benefits Participants will leam the following: I 1) How to make your first million dollars I 2)
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  • Page 5 Advertisements
    • 404 5 tfrrafc. i r I J I fiTlT^*^i l~iift^ni\a I^P?' -jt^^Tt^mtW^TZ* "VJ tßTii' |t, .sy Jjftrli <f-i Mt V.tTVj .^iT^ IT TAKES EIGHT WEEKS TO MAKE AND IS GUARANTEED TO LAST A LIFETIME. HOW CAN YOU LOSE? ulfmr Hi in iiiMMM^ <*> PARKER DUOFOLD In 19 58, Du Pont's LYCRA* created
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  • FINANCIAL NEWS
    • 361 6 UPI BEIJING Exchange rate turmoil resulting from the European monetary crisis could make it more for difficult for China to repay its foreign debt, but the country will still meet its obligations, a state-run newspaper reported yesterday. The English-language China Daily
      UPI  -  361 words
    • 269 6 KnightRidder WASHINGTON Congressional negotiators have used a Housing Bill to fix an errant provision of last year's banking law that otherwise will require US branches of foreign banks to undergo a costly reorganisation into separate subsidiaries. The correction adopted on Saturday makes
      Knight- Ridder  -  269 words
    • 398 6 NYT WASHINGTON Defending their efforts to recover damages from wrongdoers, government officials in charge of the Savings and Loan bailout on Thursday disassociated themselves from White House efforts to draft guidelines that would make it more difficult for the agency to bring
      NYT  -  398 words
    • 205 6 Bloomberg SCHWERIN, Germany The good news from the Bundesbank's decision to leave key rates unchanged is that there'll be no further tightening for the time being, traders and economists said. Financial markets quickly recovered from the initial disappointment that the Bundesbank was not
      Bloomberg  -  205 words
  • Page 6 Advertisements
    • 202 6 to Pohang Iron Steel Co Ltd on the Grand Completion of their quarter century construction projects. -mm? f i ®i SAMSUNG SINGAPORE PTE LTD I H 10, Collyer Quay, #14-01 Ocean Building, Singapore 0104. BR Tel: 533 3143 (5 lines), Tlx: STARSIN R*****0, Fax: 534 3429 H ff\ Devon Singapore
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    • 135 6 ORGANISED BY tUV RHQNLAND, A LEADING EUROPEAN, TESTING CERTIFICATION BODY This course has been structured to provide practical and comprehensive training for the performance of audits and assessments of quality management systems. The program is intended for personnel in any part of an organization who are affected by quality audits.
      135 words

  • THE REGION
    • 409 7 Reuter BANDAR SERI BEGAWAN Princes, presidents and prime ministers gathered yesterday for a glittering ceremony to mark the Silver Jubilee of Brunei's Sultan Hassanal Bolkiah, reputedly the world's richest man. Today, the sultan, 46, will celebrate 25 years in power, during which
      Reuter  -  409 words
    • 269 7 Reuter UNITED NATIONS Vietnam's foreign minister has urged normalisation of relations between Hanoi and Washington and says his country has done everything possible to cooperate in resolving the issue of American servicemen missing in action. "We continue to strengthen existing relations with countries
      Reuter  -  269 words
    • NOTE BOOK
      • 88 7 WASHINGTON US congressional negotiators have approved a US$l4 billion (5522.26 billion) foreign operations appropriations Bill that cuts off military training aid for Indonesia because of its involvement in a reported massacre in East Timor. Last November, Indonesian troops opened fire on
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      • 93 7 TELUK INTAN, Perak Tenaga Nasional Berhad (TNB) will soon conduct a study on ways to avert future nationwide power blackouts, Energy, Telecommunications and Posts Minister S Samy Vellu said. The study would take stock of Tenaga Nasional's maintenance capability and identify the causes of last
        93 words
      • 71 7 MELBOURNE Australia's ruling Labor Party was swept from power in elections on Saturday in the country's second most populous state, but Prime Minister Paul Keating denied the result foreshadowed his defeat in the next Federal poll. With four-fifths of the primary and transferable votes counted
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      • 67 7 BANGKOK Thailand's new Prime Minister, Chuan Leekpai, is to change laws to give his government more say over decision-making on military affairs, press reports here said on Sunday. Mr Chuan said he had plans to restructure and streamline the Armed Forces, with the aim
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      • 75 7 KUALA LUMPUR Malaysia's trade surplus narrowed to M 5243.6 million (S$ 155.9 million) in July, from M 5615.4 million in June, and compared to a deficit of M 5924.6 million in July 1991, the statistics department said. The department said the export growth was due to
        75 words
      • 71 7 MANILA The Philippines' insurgent Left yesterday pressed for formal peace talks with the government of President Fidel Ramos, one month after the two sides held exploratory talks abroad. The National Democratic Front (NDF), in a statement to news agencies here, urged Mr Ramos to endorse
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  • Page 7 Advertisements
    • 829 7 SINGAPORE INSTITUTE OF MANAGEMENT This seminar is beneficial for company directors or chief executives with little or no marketing knowledge. At the seminar you will be shown how marketing can be integrated with other functional disciplines to achieve consistent activities across the company can be measured and controlled despite the
      829 words

  • THE WORLD 1
    • 332 8 They want all former Soviet states to bear burden individually AP KIEV, Ukraine Russia and Ukraine have said they no longer accept responsibility for other former republics' share of the former Soviet Union's US$7O billion (Ssl 11.4 billion) foreign debt to Western
      AP  -  332 words
    • 321 8 Move marks victory for free trade and American rice NYT TOKYO In what is looking like a victory for free trade and American rice, Japan's government has apparently decided to approve the plan of a restaurant chain to import frozen sushi from the
      NYT  -  321 words
    • WORLD WATCH
      • 68 8 NEW YORK A year after the controversial confirmation hearings that put Clarence Thomas on the US Supreme Court, public sentiment has swung towards Anita Hill and her story of sexual harassment, a new survey shows. The poll, reported in the latest issue of
        68 words
      • 67 8 SAO PAULO, Brazil A total of 111 inmates were killed and 35 wounded in a bloody police crackdown on rioters at a Sao Paulo prison known as "the power keg", a state security spokesman said on Saturday. The incident last Friday at the overcrowded
        67 words
      • 38 8 ROME President Joaquim Chissano and rebel leader Afonso Dhlakama signed a global peace agreement here yesterday, including an immediate ceasefire to end Mozambique's civil war. The agreement was signed at the Italian Foreign Ministry.
        38 words
      • 53 8 LUANDA, Angola Former rebel leader Jonas Savimbi has accused Angola's ruling party of fraud in the country's first multi-party elections and threatened to lead his Unita movement back to war. Mr Savimbi was trailing President Jose Eduardo dos Santos by almost two-to-one in incomplete election results
        53 words
    • 442 9 Sterling seen falling further if public slanging match continues Reuter LONDON British Prime Minister John Major said in an interview published yesterday that he would not let a "squabble" with Germany over blame for the collapse of the pound to undermine working
      Reuter  -  442 words
    • 149 9 Reuter BEIJING The Lis, the Wangs and the /hangs are taking over China, according to a recent study of Chinese surnames. The biggest clans are displacing the smaller ones, with the result that rarer surnames are dying out, the People's Daily said
      Reuter  -  149 words
    • 497 9 Reuter SCHWERIN, Germany Celebrations marking the second anniversary of Germany's unification were marred when Jewish graves were desecrated and neo-Nazis marched through two cities bellowing: "Foreigners, Out, Out, Out." After an official ceremony in this eastern town last Saturday, Chancellor Helmut Kohl was struck in the
      Reuter  -  497 words
  • Page 8 Advertisements
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    • 177 8 <B <E <B 3? fun feasting 1-31 October 1992 i.» x. fiv "ir-ifi; *i <- %■<- C U^HI HHHHHHRHBk &SHHOTHHHI njoy authentic German fare with a wide range of German Sausages. Smoked Loin of Pork, Escalope of Veal, Potato Dumplings and assorted desserts like Blackforest Cake and German Apple Strudel.
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  • Page 9 Advertisements
    • 540 9 Seminar on Leverage Factors in Productivity Planning: A Strategic Management Challenge for the 1990s The world's economic, political, social and demographic orders are changing at an zzzzz ever increasing rate. Business firms are faced with unprecedented levels of competition and with spiralling costs, the need for increasingly higher levels of
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  • ANALYSIS
    • 782 10  -  Alvin and Heidi Toffler suggest a method that will allow the US president to come up with a budget that reflects the priorities of the public rather than of lobby groups and bureaucrats Alvin,Heidi Toffler The writers are co-authors of such books
      782 words
    • 669 10  -  Several oil consortiums are finally making important breakthroughs in the Philippines after the many false starts experienced in the country since serious exploration got underway. Brian Gomez reports from Manila Brian Gomez Philippine President Fidel Ramos can expect a surprise gift package during
      669 words
    • 889 10  -  Japanese firms have become more aggressive in defending themselves against patent lawsuits. David Thurber reports David Thurber AP FOR Sanyo Electric, going to court to thrash out a patent dispute once seemed like a declaration of animosity to be avoided at almost any cost.
      AP  -  889 words
  • Page 10 Advertisements
    • 576 10 BUSINESS TIMES Toll free Tel No 737 0Q43 Fax No: 734 3698 IN SINGAPORE of state of the art CNC machinery, machine tools and anxillary equipment once belonging to a manufacturer of plastic injection moulding machines and machinery surplus to the requirements of a CNC machinery builder. MWBBBMIPPWWWWIWIIPW Horizontal Machining
      576 words
  • Page 10 Miscellaneous
    • 43 10 POONESBURY GARRY TRUDEAU THBFATEFUL- P£CISK)N TO I fIwSIM/S%E!KEP% I &LV ALMOSTBCWSNMCNA IPIPNT REAU7B I I SIMX* FOOD CROP-POTAIOe* 1 UIHOA.. Wjmm UifiT W H£ MAS GOING TO I I FOK.9JB6tSWNC£Seri€SW& 1 HONEY! *TZz f GeTSO PERSONAL f I li fawHomßisTFAetw k SK'TMPS j
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  • ENTERPRISE & MANAGEMENT 1
    • 1081 11  -  The stress on potential in Shell's appraisal system is now matched by an equal emphasis on actual competence. Chuang Peck Ming reports on the changes to the system Chuang Peck Ming Remember Shell's appraisal system for staff, made famous by the "helicopter" item it places so
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    • 581 11  -  Adrian Furnham and David Pendleton look at why personnel executives rarely make it to the top Adrian Furnham,David Pendleton WHY DO so few chief executives come from personnel backgrounds? For most service companies and in many other sectors, the salary bill is
      581 words
    • 458 11 Henrik Sort was appointed early this month as managing director of the Maersk Group of Companies in Singapore, and will be responsible for Maersk companies in Singapore and Malaysia. Prior to this, Mr Sort was managing director of Maersk Italia SPA. He took over from Martin M Skaanild
      458 words
    • 702 13  -  Leslie Colitt reports that highly-trained employees are the key to the country's success Leslie Colitt FT GERMAN manufacturers never cease to complain that their labour costs are the world's highest, especially when non-wage benefits are included. But press them a bit harder and
      FT  -  702 words
  • Page 11 Advertisements
    • 136 11 *"■*pwl|P^^^^M SMALL FUNCTIONS ARE OUR CUP OF TEA Believe it or not, there is one hotel in Singapore that specializes in arranging small functions. From workshops and seminars to board meetings and conferences even small banquets It's the New Park Hotel. We have function rooms to accommodate between 10 and
      136 words
    • 39 11 The Durffee personality is fully aware of the g multifarious dimensions of life, and appreciate (QzSilmSzC' m that it is exactly these experiences of laughter L^ u and fears that bring meaning to life. UNDERSTANDS THE MEANING OF TIME.
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  • Page 12 Advertisements
    • 256 12 Paris. The most delightful way to fin three empty Let's count them, shall we? e ass enc^ brasseries adorning the 1. La valise. Your suitcase. which vnu will I I M M major avenues. To those mysterious, but equally surely fill to capacity as you shop your way along v
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  • Page 13 Advertisements
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      339 words

  • SPORTS
    • 828 14  -  For Nirmal Ghosh, the past met the present at the Super Tennis Challenge Nirmal Ghosh, SINGAPORE It was deja vu on Friday evening at the Singapore Indoor Stadium for the first players to take to the courts at the Volkswagen Super Tennis Challenge were Vijay Amritraj,
      828 words
    • 388 14 AP CLEMMONS, North Carolina Jim Colbert led the field going into the final day of the Vantage Championship, the richest event on the Senior PGA Tour, yesterday. "I was hyper. I was all the way up," Colbert said after a 5-under-par 67 left
      AP  -  388 words
    • SIDE LINES
      • 82 14 BATHURST, Australia Former world Formula One champion Denis Hulme, 56, of New Zealand died during the Bathurst 1000 motor endurance race yesterday after a heart attack. Race officials said Hulme, the 1967 champion, hit an embankment in his BMW at slow speed
        82 words
      • 58 14 BRISBANE Guillaume Raoux capped a faultless week with his first career ATP title in the Queensland Open held here yesterday. Raoux, the world number 96, fought off determined young Dane Kenneth Carlsen to win the final 6-4, 7-6 (12-10). It was the first title won
        58 words
      • 36 14 MARINO, Italy Nigel Benn, 28, of Britain captured the WBC super-middleweight crown on Saturday night when defending champion Mauro Galvano, severely cut below his left eye, could not answer the fourth-round bell.
        36 words
  • Page 14 Advertisements
    • 1573 14 IN THE MATTER Of THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF TENAYU (SINGAPORE) PTE LTD EPSON PACIRC (SINGAPORE) PTE LTD ASIAN PRECISION (SINGAPORE) PTE LTD (MEMBERS' VOLUNTARY LIOU OATION) Notice hereby given thai the creditor* of the abovenamed Companies which are being voluntarily wound up are required
      1,573 words
    • 28 14 1111 I I I TRADE IN for LATEST: Motorola 1 Nokia NEC Sony I HANDPHONE I 291 TG KATONG SHOP AMPLE PARKING Tel: *****56 *****74 *****77 I■l■ I
      28 words
    • 25 14 0 Area: 1300- 1800sq.ft Suitable for all trades Centrally located in the Business district ygp Reasonable rentals Immediate occupation m Call *****98 for details <jl
      25 words
    • 445 14 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT PROPOSED RIGHTS ISSUE (THE "RIGHTS ISSUE") OF UP TO 59,400,000 NEW ORDINARY SHARES OF $0.25 EACH (THE "RIGHTS SHARES") AT $1.05 PER RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE OR APPLICATION ON THE BASIS OF ONE RIGHTS SHARE FOR
      445 words

  • THE ARTS 1
    • 635 15  -  The Singapore Dance Theatre is looking for more sponsors for its Nutcracker Ballet. Lisa Lee reports Lisa Lee CANDY sticks, ginger bread and sugar plum fairies aside, the organisers of The Nutcracker Ballet are chewing over a not-so-sweet problem that could affect the success of
      635 words
    • 628 17  -  Cantabile's audience was dying of laughter. But what did the British group care? Magdalene Phang reviews the vocal performance Magdalene Phang IT WAS certainly no stuffed-shirt affair at Raffles Hotel's Jubilee Hall on Saturday night. Not when vocal quartet Cantabile went all out to prove that England
      628 words
    • 568 17  -  P Y Van on last Friday's performance by the Munich Philharmonic Orchestra P Y Van THE MUNICH Philharmonic Orchestra, conducted by Sergiu Celibidache, performed Mozart's Symphony No 39 in E flat major, K 543 and Beethoven's Symphony No 5 in C minor op 67 at the Victoria Concert
      568 words
  • Page 15 Advertisements
    • 2529 15 V9TI CHUAN HUP HOLDINGS LIMITED (INCORPORATED IN SINGAPORE) Registered Address: No. 1 Benoi Road, Singapore 2262 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the TWENTY SECOND ANNUAL GENERAL MEETING of the Company will be held at 322 Jalan Ahmad Ibrahim, Singapore 2262, on Friday, 30 October 1992
      2,529 words

  • Page 16 Advertisements
    • 936 16 fcggfl Nothing Beats A Bud, where to wine, dine OF V—— Oriental Western Specialties F° r 'overs of Japanese food, our ORIENTAL CORNER features a menu of Japanese set &[iS!L meals at unbeatable prices. If you prefer something familiar, try our Oriental Claypot Set at $12+ which includes a Soup,
      936 words
    • 325 16 gpmMV THE. £X£ITEWIT: Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Happy Hour Early Dinner Special Menu from 6.30pm to B.oopm on no-function day. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to
      325 words
  • Page 16 Miscellaneous
    • 707 16 TELEVISION AND RADIO IMMMMiNMPOttMM* ■yYr**^^**^ a ,MM M aa ,^"^^l^M^fcaM MlM l lll T l> l l l> ll <l l il,<l<ill iillll>i i>ll,lll il llllllt Ml Ji nrm jiii_ m m IM iimi TT^^TffTHTHIIMTTII A a C* "1 j SBCI2 ®-00 Aksi Mat Yoyo (M) 5.25 Heathdiff (Cartoon). RIIQINFQS
      707 words

  • Page 17 Advertisements
    • 296 17 AND ENTERTAIN Best From The West Lunch or Dine on a selection of Western favourites featuring soups, salads, a carvery, cold appetisers and hot entrees. Every Monday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL For reservations, pteaM call SINGAPORE 732-1222 extension
      296 words
    • 277 17 tar Ma (October) Make the world your oyster at Nishiki. V f\ Jp Cook this delicacy the way you like it, deep m O\Y/ f fried Tempura or pan fried Teppanyaki or j grilled with butter and even raw as Sashimi. And it cost only $7.00++ for half a dozen.
      277 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4712 18  -  William Chia By THE STOCK MARKET is likely to decline in the early part of the week in reaction to Wall Street's 54-point fall on Friday and the lack of positive fresh incentives. OCBC Securities said the local bourse was likely
      4,712 words
  • Page 18 Advertisements
    • 75 18 Instant Approval, No Waiting Now there's a way to turn j Instant cash over the counter. V y your shares into cash on the V,. r —up to 70% of the market value spot With Express Share Loan. \J[ i.. of acceptable shades and scnpiess exclusively from Hong Leong "v
      75 words

  • 3339 19 GE Life 1120 +50 +4.7% FAN 950 40 4.4% Robinson 680 40 6.2% RoOi Inds 50* 555 40 +7 8% BAT 2I« 590 +35 +6.3% Singmanne 50" 332 30 9 9% Inchcape 560 +25 +4.7% Amvol 25« 179 +19 +11.9% Hong Fok 148 +16 +12.1%
    3,339 words
  • Page 19 Advertisements
    • 181 19 YOU VERY OWN HASSLE-FREE UCTMMC^^^merajKE! HH If news and other pertinent information on companies listed on the Stock Exchange And for a subscription fee of only $250 per month, you and your company can of Singapore Cloh International are important to you and your business, then SPH subscribe to this
      181 words

  • 3664 20 H Leong Ind 50« 560 60 12.0% Leader U 710 *30 *4 4% Southern Bank 260 +27 +11.6% GIL US$0.10 109 +14 14.7% YTL Corpn 50* 179 20 +12.6% Oriental Hldgs 580 15 +2.7% Uniphoenix 136 +11 +8.8% George Kent 50« 210 +10 +5.0% Hume
    3,664 words
  • Page 20 Advertisements
    • 801 20 Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MAROIL SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN (hat pursuant to Section 308 of the Companies Act. Cap.
      801 words
    • 85 20 MDUSTRIAL COMMERCIAL BANK LIMITED (Incorporated m the Rcpubfcc ol Sngaoore LOST SHARE CERTIFICATE Notice is hereby given that certificate numbered *****46-0 covering 300 shares in the name of Chan Hock Bee has been reported lost. Notice is also hereby given that the original certificate will be deemed duly cancelled and
      85 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5561 21 Bernama THE STOCK MARKET ended easier last week on profit-taking but not before staging an across-the-board rally early in the week while a nationwide power blackout partly affected trading. Strong follow-through support from foreign fund managers for blue chips gave the KLSE an
      Bernama  -  5,561 words

  • BT SHARE INFORMATION SERVICE
    • 146 22 C— Hf Data Yaar Croup Net N«t Mminp firmi to profit/lots (L) par ibrt dMdaad (•000) (casts) Rashid Hussain Sep 24 May 92 M$41,098($42,037) 24.4(33) 5(5) MC8 Sep 15 Mar 92 M$497(M$2,411) 3(3) 25(2.5) M Plantations Sep 15 Mar 92 M$3.118U(M$3,598) -(02) 1(1) Kamunbng Sep 15 Mar 92
      146 words
    • 305 22 C»«mt Date Ymr firaap pn-tn Mat nraiap 6ms mr to pr*At/lass (L) par star* dhrkked (•000) (caate) Amalgamated S Sep 30 Jun 92 M$134,025(M$143,495) 16.4(13) 12(10) Metal Ctainers Sep 30 Jun 92 $l,699l($5,911L) 1(0.5) lumCltong Sep 29 Jun 92 $8,152(17.856) 2.5(2 2(2) Amtefc Eng Sep 29 Jun 92
      305 words
    • 605 22 Cwpwy Date NaN-yMr Crowp pr«-Ux Maria mm to profit/toss (L) iWiwi rooo) Wepco Sep 30 Jun 92 $6601 (511L) Hof«uchi Eng Sep 30 Jun 92 $158 ($345) N01 Sep 30 Jun 92 $24,651 ($30,108) Alliance Tedi Sep 30 Jun 92 $329($104) Tite Sep 30 Jun 92 $8,955(17,324) 6(-)
      605 words
    • 912 22 Stock 1ST »ltoir ,Uj STiI'llhr/Ptractor s3 dura Tit Lee France 30/09/92 Tat Lee Bank Goh Tpei Kok 4 Wife B 59.000 96,560 22-0*9.276 6125 22 J« 2j6 6141 Tit Lee France 30/09/92 Tit Lee Bank Gho Lan Clin 4 WWe B 59,000 96,560 21.491,276 59 70 21,550,276
      912 words
    • 343 22 MM Lart M Tear Caapnr NiM Ma Taar EPS firm M rid «*C (ds) prafll wp> (smc) OK Final Nov 6 Jul 91 30TE 17.8781 MS Lni Interim Aug 23 Dec 92 7 9 5 0 50,908 Up Interim Sep 10 Dec 92 5.3 5 0 4.436
      343 words
    • 358 22 Sep 30 Guthrie GTS Ltd has acquired a shelf company in Malaysia through its wholly-owned subsidiary, Guthrie Construction Retrofitting (S) Pte Ltd. Sep 29 Directors of CIB Packaging Singapore Ltd are seeking shareholders' approval to turn the firm into an investment holding company and change its name to
      358 words
    • 974 22 Carraat Ex Mis Ma Tatal tor Tatal tor payiant date ctoM payaMa tfea yaar last yaar Acma 5*<l) Sep 18 Sep 30 Oct 15 5% 122% wee 50c 3.5% (b) Sep 10 Sep 24 Oct 23 3 5% 3 5% BMTS10 100% Nov 12 Nov 24 Nov 26
      974 words
    • 343 22 Company Rights Issue Goktan Hop* One-tor so MSI 50 per stare Ex-date: A* 27 Books dose: Sep 10 Acceptance > Payment: Oct 22 IMS One-for-one M$5 00 per share Li-date Sep 7 Books dose: Sep 21 Acceptance Payment: Nov 2 0C8C One-for-fcve S3 00 per local share One-tor
      343 words
    • 556 22 Company Rights hgw Afanct Ttdt One-Kx-one $1 00 per share X* One-tor three M32 20 per share Issue of *****m 50% Cumutab* Redeemable Preference shares of 10 sen each 1992/97 (CUPS) wrth up to 211.62m Transferable Subscription Rights (TSR) for an aggregate pnce of M$1 per CRPS wrth
      556 words
    • 123 22 Wine Ta Holdmp Ltd: EGM at the Summit Room (Valley Wing, lobby level), Shangn-La Hotel, Orange Grove Road, Singapore 1025, on Wednesday, October 7 at 9.30am Sriwani Hotting* Bhd: EGM at Ferringhi Beach Hotel, 12.5 km, Batu Ferringhi Road, Batu Ferringhi, Penang, on Thursday, October 8 at 10.00am
      123 words
    • 372 22 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (IDP) (ST) starts Alex Hldgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 Cerebos
      372 words
    • 152 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hi* 1316 68 (21/2/92) 1992 htft *****2 (27/1/92) 1992 tar 1122.50 (18/8/92) 1992 tar 1310.95 (18/8/92) 1991 high; 1333.08 (3/6/91) 1991 hi* 1565.58 (3/6/91) 1991 tar 1022.52 (16/1/91) 1991 low: 1149 08 (16/1/91) 1990 1435.43 (16/7/90) 1990 htft 1607.12 (27/3/90)
      152 words
    • 362 22 In local cun In S$ In US$ dy yr %dy *yr dy yr Oct 2 Index chgc chge .hgt chge .hg* chge World 374.4 -0.5 -8.3 -0.8 -9.1 -0.8 -7.5 tEAFE 437.3 -0.4 -12.9 -0.7 -12.5 -0.7 -11.0 Europe 393.9 -0.7 -4.2 -1.4 -5.6 -1.4
      362 words

  • MARKET REVIEWS
    • 783 23 Report seen as dashing hopes of interest rate cut IIIPNEWfCffiil FT "SOMETHING in it for everyone" was how the pundits described last Friday's September US employment report. By that they meant there was something in the figures, a decline in the national unemployment
      FT  -  783 words
    • 302 23 •>TOKYO AFP THE FAST appreciating yen and small-lot selling pushed down prices on the Tokyo Stock Exchange every day last week, with the key Nikkei Average sliding below the 18,000-yen level. The Nikkei Stock Average of 225 selected blue chips
      AFP  -  302 words
    • 892 23 HONGKONG Sun Hung Kai Research CONCERNS about Sino-US trade relations knocked 91 points off the Hongkong market last week. After returning from the US, Steven Cheong, chairman of the Federation of Hongkong Industries, expressed his pessimism over a favourable settlement of the 301
      Sun Hung Kai Research  -  892 words
    • 885 23  -  P LONDON By Ray Heath WHAT A RELIEF last week to find a good old fashioned stock market occasion lightening the endless dreariness of sterling crises, economic gloom and political struggle. On Thursday, London had a dawn raid. The commandos sent in
      885 words
    • 980 23 MR Sydney" THE SHARE market finished the week down on erratic trade, in spite of a late burst of bargain-hunting, brokers said on Friday. The main market indicator, the All Ordinaries Index, closed at 1,483.0, down 13.4 points on the previous week. The All Industrials closed at
      980 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • US shares plunge to six-month low
      • Article, Illustration
        1313 24 STOCKS tumbled in moderate trading on Friday to their lowest levels in six months as investors surmised that the better-than-expected September employment report still showed persistent weakness in the economy. The Dow Jones Industrial Average, which retreated 17.29 points on Thursday, plummeted 53.76 points to 3,200.61. It was
        1,313 words
      • Article, Illustration
        668 24 SHARE prices fell here on Friday, dropping back after the German Bun- 1 desbank decided to keep German interest rates at their existing levels, thus reducing the chances that British rates I would fall. The pound fell sharply against the German mark after the Bundesbank announcement, sending most stocks
        668 words
      • 271 24 Other markets in Europe, South Africa and Canada Johannesburg Oct 2 Rand INDUSTRIALS A Alpha 3125 AECI 630 AMIC 6200 Abercom 125 Amaprop 625 BAZ 1300 Barlows 5025 Basil Strk 6 Blyvoor 375 unci CG Smith ***** Cnagalo 2300 Curfin 640 Edgars 5000 Fed Volk 800 First Intl 900 Hiveld
        271 words
      • 209 24 MARKET indicators gave mixed readings on Friday, as the DAX spot trend index ended at 1,478.04, down 0.4 per cent from Thursday evening, but the Commerzbank indicator was up 0.2 per cent to 1,653.70. Operators said the market had made up some losses after a weak spell at the
        209 words
      • 340 24 SHARES began steady on Friday but precautionary selling ahead of the Bundesbank rate decision snatched gains away. Dealers said that by the close there was little inspiration to go upwards despite solid sentiment. The EOE Index ended 1.41 down at 284.38, close to the lows, with no German rate
        340 words
      • 369 24 INVESTORS attracted to towering money market interest rates continued to pull money from the bourse, driving stocks to a four-and-a-half-week closing low and almost 9 per cent below their level of one week ago. Shares were also battered by the Bundesbank's failure to cut interest rates, Wall Street's decline
        369 words
      • 275 24 SHARE prices ended higher on Friday, though off their peaks, as hopes for lower interest rates were set back by the Bundesbank's decision not to cut its rates, at least for the immediate future. The Milan market's MIB Index ended five points higher at 721. At one point the
        275 words
      • 244 24 SHARES moved gently lower on Friday after the German Bundesbank said it left its credit policies unchanged. Wall Street's weak early performance added to the downward pressure, which however was limited, dealers said. The All-share SPI Index closed 8.3 points lower at 1,138.6 and the SMI Index fell 17.6
        244 words
      • 130 24 SHARES closed lower in light trade as the market suffered again from its prob- lems of high domestic interest rates and continued currency chaos in Europe. The All-share Index closed Friday down 2.58 per cent at 681.59, and the Top-16 Index fell 2.80 per cent in thin volume of
        130 words
      • 132 24 SHARES closed down on Friday but off their day-lows in a weak market, depressed by the Bundesbank's decision not to cut interest rates and by a one per cent opening fall on Wall Street. Retailer GIB, which announced a slight fall in first-half group net earnings after the market's
        132 words
      • 345 24 STOCKS closed the week down more than 150 points as nervousness over Canada's unity vote and the weak economy devastated the market. A speech by former Prime Minister Pierre Trudeau urging Canadians to reject the accord added to the market's nervousness. "Many politicians are dismissing Trudeau as old hat,
        345 words
      • 73 24 INDICES TURNOVER Oct 2 Close Previous NEW YORK Dow Jones 3.200.61 3,254.37 -53.76 SAP 500 410.47 416.29 -5.82 Turnover (million) 188.03 203.77 -15.74 L0N00N Financial Times 30 1,852.5 1,875.1 -22.6 FTSE 100 2,549.7 2,572.3 -22.6 Turnover (million) 597.8 811.7 -213.9 FRANKFURT DAX Index 1,478.04 1,484.03 5.99 AMSTERDAM EOE Index 284.38
        73 words
  • Page 24 Advertisements
    • 32 24 The market report for Johannesburg was not available. The STRAITSTWIES Wr offers Bp the most F current Bp list of Job B- opportunities When people want fast results they call C.A.T.S. 737-1166
      32 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 502 25 NEW YORK Reuter NEW YORK The US dollar ended the US trading day three-tenths of a pfennig lower after a better-than-expec-ted US payrolls report failed to convince the forex market that the nation is back on track. The dollar surged almost three pfennigs after
      Reuter  -  502 words
    • 715 25 ASIAN CURRENCIES AFP HONGKONG Most Asian currencies strengthened against the US dollar last week, reversing the trend that followed the European currency crisis. The yen led the way, pushing the greenback to below the 119 yen to the dollar level in midweek as the US
      AFP  -  715 words
    • 413 25 Crass rates 0*2 USS SS MS Dm Yen SFr AS NZS USS 1.5920 2.4970 1.4200 119.70 0.5757 1.2420 1.3937 1.8365 SS 0.6281 1.5685 0.8920 75.1884 0.3616 0.7802 0.8755 1.1536 MS 0.4005 0.64 0.5687 47.9375 0.2306 0.4974 0.5582 0.7355 Dm 0.7042 1.1211 1.7585 84.30 0.4054 0.8746 0.9815 1.2933
      413 words
    • 528 25 Interbank rates S$ Bid Offer Overnight 1 11/8 I month 1 3/8 1 1/2 2-month 11/2 15/8 3-month 1 9/16 1 11/16 Overnight mode: 1/2 L'S$ High Ixm 7 days 3 1/2 3 1 month 3 1/4 2 15/16 2 months 3 3/16 2 15/16 3 months 3
      528 words
    • 454 25 Bloomberg LONDON The Spanish peseta is expected to remain under pressure in the European exchange rate mechanism (ERM), hampered by news that Moody's Investor Service may lower Spain's foreign currency debt rating and by speculation about a further devaluation, say traders. "The peseta
      Bloomberg  -  454 words
    • 398 25 Reuter PRAGUE Slovak Premier Vladimir Meciar's plans for a floating Slovak currency linked to a Czech one would be unworkable and would harm the Slovak economy, a commentary on state Czechoslovak television said. A Thursday TV commentary on possible currency arrangements after the
      Reuter  -  398 words
    • 605 25 Knight-Ridder NEW YORK The meeting tomorrow of the Federal Open Market Committee is expected to provide not only the last opportunity for an interest-rate cut before the Nov 3 presidential elections but also to determine the next trend for US Treasuries, say analysts.
      Knight-Ridder  -  605 words
    • 484 25 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6Vi Allied Irish Bank PLC 7Vi American Express Bank 6V2 Arab Banking Corp 6V1 Arab Bank PLC 6 Asahi Bank Ltd 6% BFCE 6* Ban Hin Lee Berhad 6 1 Banca Commerciale 7 Banco do Brasil 7 Bangkok
      484 words
    • 144 25 COMEX oai GOLD FUTURES (100 oz) USS/oz Open High Low Settle Change Oct 347.10 347.80 347.10 348.10 +0.60 Nov 348.80 +0.60 Dec 349.30 350.50 348.60 349.60 +0.50 Feb 93 351.50 351.50 350.50 351.00 +0.50 Apr 352.70 352.70 351.50 352.30 +0.50 Jun 353.70 +0.50 Aug 355.20 +0.50 Oct 356.80
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  • Page 25 Advertisements

  • COMMODITIES
    • 396 26 Reuter SINGAPORE Stateowned Indian Oil Corp (IOC) bought a total of 440,000 tonnes of crude oil in its latest tender, its smallest ever volume of spot purchases due to its expectations of getting supply from Russia, trade sources said. lOC's buying
      Reuter  -  396 words
    • 247 26 Reuter LONDON Robusta coffee options set a new record monthly turnover on the London Futures and Options Exchange (FOX) during September and all the signs are that activity will continue to expand, say traders. Volumes on average this year have tripled from 1991,
      Reuter  -  247 words
    • 851 26 REPORTS AFP LONDON Commodity prices generally slipped last week in a wave of profittaking after the rises of the previous weeks, linked to the fall of the pound sterling. Heavy redundancies in British industry and the fall of the dollar, the measure of US
      AFP  -  851 words
  • 1402 26 Rubber MS Commodity Exchange (futui res closing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) Buyers Sellers Close Volume Open As at 12 noon (S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 Nov 92 140.50 141.50N Nov 92 Dec Ion Q1 144.50 142.00 138
    1,402 words
  • Page 26 Advertisements
    • 1271 26 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF FRANKUN SERVICES PTE. LTD. (In Mimbers' Voluntary Liquidation) At an Extraordinary General Meeting of the members at the abovenamed Company duly convened and held
      1,271 words
    • 48 26 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 749 2577, and ask for home or office delivery service.
      48 words

  • 1045 27 City flgfct ETA FlgM ETO Afca PfcaM GA982 2135 MWl SQ227 SQ228 2050 >■!>■»<■■ KL837 1340 SQ324 0905 KL832 2340 OffclMMl SQ288 2030 Bandar M Bt421 1105 SQ182 0915 hpn* SQ18I 1410 BI422 1205 B1429 2030 BI430 2125 ■Mgtufc Qf62 1130 TG402 0830 SQ69 1145 SQ62
    1,045 words
  • THE TRAVEL PAGE
    • 650 27  -  LETTER FROM MATHURA AKf JHT JW dw digf j/r By Nirmal Ghosh ONLY the devout or the exceptionally strong of heart venture headlong into the seething bylanes of Mathura, one of the holy cities of Hinduism. An ancient city, held and lost by myriad armies
      650 words
    • 153 27 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1367 1.1327 Canadian dollar 1.2S8S 1.2840 NZ dollar 0.8570 0.8745 Sterling pound 2.7522 2.7910 US dollar 1.5880 1.5990 lind dollars to 100 units of foreign currency Austrian schilling
      153 words
    • 92 27 Duration Title Venue Organiser Tel Nov 2-7 9th Hongkong Hongkong Headway Trading (8S2)827-5121 Internationa] Convention Fairs Ltd Fax: 827-7064 Furniture Fair Exhibition Centre Nov 3-5 Electronic Data Birmingham Blenheim 081-*****01 Interchange International Queensdale Ltd, Convention London Centre Duration Title Venue OipaiMr Td Nov 6 Directive 263 The
      92 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and we'll take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Km>* Europe ho Mt to Famish.
      45 words
    • 26 27 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
      26 words
    • 438 27 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 ANO IN THE MATTER OF OLEANOER INVESTMENTS PTE. LTD. «l_ (in Mi moor* voluntary Liquidation) At an Extraordinary General Meeting of the member* of the abovenamed Company duly coo
      438 words
  • Page 27 Miscellaneous
    • 300 27 1 Moved into a house but 1 PI FIT was disillusioned (4,4) Hff H |H ■H 5 Conclude that there is a pH| tells of one bora in the 10 An eyesore about lm back iT"^ forms an obstacle (6) I I I I I I I i I I
      300 words
    • 161 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 31.2 Assoc humidity 66% Minimum temperature 24.7 Assoc humidity 95% Hours of sunshine 4.35 Rainfall in mm Trace Rainfall this month 45.2 Rainy days this month 2 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/09
      161 words
    • 19 27 kwwifr.onEflMsS.gM PCSCCD to DRSM TO SIGM' Rush totvg on-we.Tßpj»i.... "We OFfice... no PLACe li HoPne STRT,ON I^7^ r _^te-
      19 words

  • 437 28 Membership for E European states, Gatt deadlock also on agenda Reuter BRUSSELS The operation for the Maastricht treaty moves up a gear today when European Community foreign ministers discuss how to show that it will not create an interventionist European super-state. The meeting
    Reuter  -  437 words
  • 190 28 Bernama KUALA LUMPUR The National Union of Journalists (NUJ) has called for amendments to the Official Secrets Act (OSA) and the Printing Presses and Publications Act claiming that the laws hinder journalists in this era of "information explosion". The call was among resolutions passed
    Bernama  -  190 words
  • 188 28 AFP TAIPEI Taiwan is to seek bilateral talks with countries with claims to the disputed Spratly Islands in the South China Sea under new policy guidelines on the islands' sovereignty, press reports said yesterday. The guidelines also called for greater cooperation in exploring
    AFP  -  188 words
  • 310 28 Bernama LANGKAWI Oil slicks from the tanker Nagasaki Spirit reached the shores of the resort island of Langkawi yesterday. Thick patches of oil known as "Chocolate Mousse" had reached five points along the shore and clean-up operations were launched last night, said the
    Bernama  -  310 words
  • 892 28  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist SUMMER in America can be a hot season, with children selling iced lemonade on street corners, movie halls full of cartoons and fairytales, and half of America on vacation. Come
    892 words
  • 365 28 KHBhoiß Reuter WASHINGTON Ross Perot's re-entry into the US presidential race has done virtually nothing to dent Democrat Bill Clinton's lead over President George Bush, according to a Newsweek poll released on Saturday. The poll showed twice as many Americans think worse
    Reuter  -  365 words
  • 211 28 NYT WASHINGTON After hours of haggling over questions that included whether Ross Perot would be allowed to participate, the Bush and Clinton campaigns last Saturday formally announced a series of three presidential debates and a vice-prcsidcn-tial debate. The presidential contenders will face live audiences at
    NYT  -  211 words
  • Page 28 Advertisements

  • Shipping Times
    • 444 29  -  By Juliette Walker SINGAPORE Swiss-based New Sulzer Diesel has formed a Singapore subsidiary to bring its local efforts under one roof and to tap the thriving marine engine market. Werner Gelpke, managing director for New Sulzer Diesel in Singapore, said the move
      444 words
    • 248 29 AFP TOKYO An Asia-Pacific forum was to open here yesterday to discuss planned Japanese shipments of plutonium that have aroused international concern about possible accidents or terrorist attacks. The three-day meeting will explore the issues surrounding Japan's plan to import one tonne of highly
      AFP  -  248 words
    • 1183 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 3 ASCL 5 5 ASXCL Shpg 15 2
      1,183 words
    • 365 29 AP KUALA LUMPUR British and French oil experts on Saturday assisted in an operation to clean up the oil spill from the tanker Nagasaki Spirit in the Straits of Malacca off the resort island of Langkawi. Neil Challis of the International
      AP  -  365 words
    • 274 29 SINGAPORE Evergreen International (Panama) has ordered two new 4,229-con-tainer vessels from Japan's Mitsubishi Heavy Industries in anticipation of expanding its round-the-world service. With these two ships. Evergreen now has outstanding orders for five newbuildings with an R-Class design. And it may not
      274 words
    • 182 29 AFP TEHERAN Iran seeks a common market for the 250 million people in states bordering the Caspian Sea, Foreign Minister Ali Akbar Velayati said here last Saturday at the start of talks on setting up a new regional organisation. Experts from Azerbaijan, Iran, Kazakhstan, Russia
      AFP  -  182 words
    • LOG BOOK
      • 86 30 SINGAPORE Changi International Airport Services (Cias) has installed Singapore's first ozone-friendly central airconditioning system. The system uses a chlorine-free refrigerant, called HFC-134a, which is not supposed to endanger the earth's ozone layer. Kelvin Koay, manager of the facilities and engineering services division for Cias,
        86 words
      • 79 30 PORT KLANG About 4,500 workers of the Port Klang Authority (PKA), affected by the privatisation of 22 wharf services, on Friday agreed to accept the offer of salary and other benefits from the consortium of five companies that took over the services. The decision was
        79 words
      • 85 30 LONDON British conglomerate Trafalgar House pic on Friday rejected Hongkong Land Holdings Ltd's tender offer and said it seriously undervalued its assets. Trafalgar, owner of London's Ritz Hotel and the Cunard shipping line, said the board considers that the tender offer seriously undervalues the businesses
        85 words
      • 57 30 LONDON The 24,083 dwt chemical tanker Merity went aground in strong winds while awaiting berth at Tomakomai Anchorage on Sep 30, according to Lloyd's Intelligence. Salvors arrived at Tomakomai and will carry out a survey in a few days. The Brazilian-flagged tanker was in ballast from
        57 words
      • 74 30 BERLIN The Treuhand privatisation agency said a compromise had been reached in talks with Kvaerner A/S and the government of Mecklenburg-Western Pomerania so the Norwegian company could take over east German Warnow shipyard. Talks, which have been going on for months, broke down shortly before a
        74 words
    • 868 30  -  Proponents of high-speed rail in the US believe it is the most cost-effective and environmentally acceptable way to travel on trips of up to 970 km, reports Patricia Commins Patricia Commins Reuter High-speed rail projects, which could compete headon with airlines for passengers on
      Reuter  -  868 words
    • 855 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      855 words
    • 10333 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,333 words
    • SHIPS IN PORT
      • 663 45 Vtiuf Voy No B«rth VmjI Departure Jurong Port Gopafc 32 16 ak>ngs«)e 05 10/0600 Niaga 54 01/92 M alongside 05 10/1530 South Island J7 atot*s«te 05 10/1500 Ucka 0101EB alongside 0510/2300 Urn No 8 17/92 J3 ator«side 05 10/1500 Ummeedh 01 13 05 10/0030 Eng Tou 7
        663 words
      • 1622 45 DELIVERY OF FCL 1 [i!hi CONTAINERS IN PROGRESS a* Voy No Contaran i ivaiatlie 9* No CoitaiMrs nabHa Merkur Delta 941 01.1092 1100 ACX lade 104B COO(EST) 02 1092 2130 Kurama 18/139 01.10.92 1200 Anson *****S COO(EST) 02 1092 2230 Nigen Cont DC206S 01.10.92 1245 Twadika 944 COO(EST)
        1,622 words
    • 1142 46 RATES LOOK set to continue to ease in the short term for Atlantic Panamax and Capesize tonnage moving North American grain cargoes, brokers said. There are at least 23 Panamaxes and Capesizes open during the second half of October in the US Gulf, they said. Andre covered an
      1,142 words
    • 620 46 Oct 5 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at the Marina Mandarin. For further details please contact IBC Technical Services at tel: 732-1970 or fax: 733-5087. Oct 13-16: Seatrade Asia-Pacific Cruise Convention, organised by Seatrade. The event will take place
      620 words
    • 344 48  -  By Ramesh Divyanathan SINGAPORE An engine that is capable of emitting cleaner air than the air which originally went into the engine has been developed by Swedish car maker Saab Automobile AB. A demonstration set up during the engine's launch on Friday,
      344 words
    • 433 48 Reuter KATHMANDU Tourists are so far continuing to flock to Nepal despite two major plane crashes near Kathmandu in two months, industry and airport officials said last Saturday. "No hotelier has reported any cancellation of bookings," said Yogendra Shakya, vice-president of the hotel
      Reuter  -  433 words
    • 186 48 Reuter CAIRO France has accepted that four Libyans suspected of bombing a French airliner be investigated and tried inside Libya, an Egyptian newspaper reported last Saturday. The influential Al-Ahram reported from New York that UN Secretary-General Boutros Boutros Ghali and Egyptian Foreign Minister
      Reuter  -  186 words
    • 255 48 UPI SEATTLE Boeing Co production line workers voted last Friday to accept the commercial airliner manufacturer's "best and final" offer to almost 50,000 members of the International Association of Machinists and Aerospace Workers. Following balloting in Seattle, Portland, Oregon, and Wichita, Kansas, union president Tom
      UPI  -  255 words
    • 182 48 AFP LONDON The French state-owned railway company SNCF may take over certain lines in Britain when British Rail (BR) is privatised, the Independent daily reported yesterday. Quoting "one senior BR official close to the sell-off talks", the paper said SNCF
      AFP  -  182 words
    • 320 48 Reuter SARAJEVO The United Nations plans to step up international relief flights to Sarajevo yesterday, a day after a US military plane reopened the air bridge to the besieged Bosnian capital. Sylvana Foa, spokeswoman for the UN High Commissioner for Refugees (UNHCR), said bad
      Reuter  -  320 words
    • 419 48 Wings of aircraft damaged during testing UPI LONG BEACH, California McDonnell Douglas Corp, two weeks after denying a report of a serious defect in the wings of its C-17 cargo jet, announced last Friday that both wings on a C-17 test aircraft had been damaged during
      UPI  -  419 words
    • 210 48 Reuter WASHINGTON Mechanics at USAir Group Inc, the sixth largest airline in the United States, rejected a new contract offer last Saturday and voted to strike. The International Association of Machinists, which represents the mechanics, said the strike would begin at 100
      Reuter  -  210 words
  • Page 29 Advertisements
    • 29 29 Hum and services represented by Members of the Registry of Accredited rMfiSW" Shipping Agents, Singapore National Ship- Vtm&Msl ping Allocution. wHWK' For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      29 words
    • 191 29 THE FAMOUS A<jn I A'tfSVßillA/ iigg aKjm ■iMIIIgI* 224 1833 For more information please refer to Pr. 13 Every 3,000 Years Or So, An Innovative Approach To Containerization Changes History This is a story of mythic proportions. all around the world. It begins with Sea-Land's introduction of The story doesn't
      191 words
    • 18 29 Super trains find favour in US, Page 2 Saab develops car engine which emits cleaner air, Back Page
      18 words

  • Page 30 Advertisements
    • 177 30 CATAMARAN FERRY SALE ALUMINIUM CATAMARAN PAX FERRY BLT 1973 MANDAL NORWAY, WESTERMOEN HYDROFOIL A/S DET NORSKE VERITAS lAI R-30 LIGHT CRAFT PASSENGER/CARGO FERRY L/B/D 25.49.4/ 1.5 M GRT: 206 ALL ALUMINIUM CONSTRUCTION 92 PASSENGER SEATING CAPACITY-5 CREW COMPLEMENT AIR-CONDITIONED THROUGHOUT-BRAND NEW WATER CONDENSER 2 X Vl2 M.T.V. DIESE ENGINES MB
      177 words

  • Page 31 Advertisements
    • 4568 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \IVVAr BOOKINGS TEL *****34 *****58 TERMINAL/CFS TEL: *****18 220 H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L VWQF A B PORT KELANG TEL *****18 FAX: *****91 *****88 blß*#! 4fcllV MAUI Dedicated to Quality Service ICFSI6I *****6 miJ.ll.lll MIHI QUI MOW P
      4,568 words
    • 1461 31 WEEKLY DIRECT CALL TO SHIMIZU LINDOE MAERSK V.9211 ETA SIN 8/10/92 ETA SHIMIZU 20/10/92 Vessel Voy ETA ETO Feeder by DESTINATIONS This week Mayview Maersk 9206 gwtaww—WlWWWailllPl!— 6/10 o«oo mrs CFS 5/10 2359 HRS JOM LPK PEN OAK LGB HOU MEM ATL MIA CHS BAL PHL NVC MON TOR MAYVIEW
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  • Page 32 Advertisements
    • 1501 32 R'DAM/ Tavwvni VOY NO SPORE JEDDAH SHAMTON H BURG ANT LE HARVE ■OMIJ LA SEINE 26/140 8/10 17/10 31/10 27/10 26/10 KASUGA I 23/340 11/10 28/10 30/10 2/11 3/11 fITT ffl MT 1 ffIMIBT DANUBE 04/141 15/10 31/10 3/11 1/11 riajiTrn i» rrmnmm LUDWIGSHAFEN EXPRESS 04/341 17/10 27/10 4/11 7/11
      1,501 words
    • 482 32 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA BATA Feeder Vessel ITA 8M VILLE DE CASTOR qq/ 10 VILLE DE VEGA
      482 words
    • 1292 32 uu REGULAR INDEPENDENT FULL CONTAINER SERVICE EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASED TO ANNOUNCE AS FROM S MARINER V 9233-4 ETA SINGAPORE 25/10/92, LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS: TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19 DAYS
      1,292 words

  • Page 33 Advertisements
    • 2039 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 *CCtPIS CARGO out S«*S SMGAPOM PHOMK PENH Skjn T "Oil ARM IS FftMCESS W9207 07 Oct 12 Oct l\ 7 l4b 03 *05 Oct 05 Oct 06 Oct ASI AM PM* V 0
      2,039 words
    • 2919 33 SINGAPORE AGENT: I-DvO a |nAf*C PAO Containers (Singapore Agencies) Pte Ltd 4XV/ \jUlli(tillvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number **********0Z EXPORT IMPORT VfHEL VOY -PNG r*Q SIN ALO SOU ANT WOT MAM
      2,919 words

  • Page 34 Advertisements
    • 658 34 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE *a,WT STOW ROAM WAM H'BURG BREMEN MIMRP *UTAI,KW 9-13/10 »/ll 15/11 20/11 23/U MATUAM 33W8 2S-2»/ll 30/12 2/1 5/1 10/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subf«ct lo lnduc«m*nl. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Trialta. AISO
      658 words
    • 1561 34 HANJIN SHIPPING FM WI sm LIS HAU. LGB OAK ft* ttl Ml IIM HAUL SAV UK NYC HANJIN LE HAVRE 019 C 1110 MRECT 111 411 FBHGUARO BAY 21 IN 5/10 M AMERICA 005f 12/1113/1115/11 HANJM OAKIAM) 019E 18 10 H BARCELONA 001E 811 10/11 HANJM CICRI 047E 12/10 H
      1,561 words
    • 1209 34 J -J .TJTTTgTm I nu scr ise t«c uc rus wi o» net nu no ui cm bm ntc lhv um mi nr «e no cm nu scr I (GMIITMO42 0/10 7/10 12/10 14/10 10/10 19/10 20/10 22/10 23/10 24/10 21/10 t/U lt/11 20/11 21/11 1/12 2/12 3/12 4/12 5/12
      1,209 words

  • Page 35 Advertisements
    • 2111 35 VV NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 KZZ aust/incna/pak service NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL:
      2,111 words
    • 1131 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DCCHARQNG WESTBOUHD-lOAPWG TRAHSHPPfI) VIA EOTTBPAM ntan *n |»d-«
      1,131 words

  • Page 36 Advertisements
    • 1663 36 KT AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) MjK W W TEL *****77 TELEX KAWAKIRS23I6S FAX; *****07/^9 I M MALAYSIA: 'K*UNEMARITIME (MALAYSIA) SON BHD 1 ML m m* A 1 U m TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA; P.T.
      1,663 words
    • 773 36 PHIU-ORICNT LIN€S PT€ LTD 108 Robinson Road GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76 2226 BY AIR, LAND OR SEA.... /Hgt TAKE ON THE WORLD FOR YOU MFMBEROFSINOAPORE FREIGHT FORWAROERS ASSOCIATION 15 BCT CHRISTCHURCH 19 NOV SUVA, NOUMEA. PAPEETA. APIA. LAUTOKIA, SAN ANTONIO 10 OCT MEXICO
      773 words
    • 251 36 r GOLDEN LINE > LftJV GUM GUAM SHPPMG T<s<\ (PTE) LTD w n M Apr Slrtet SMGMOK IIM TU 53*3*1 (11 IMS) Fat: 53*3504 (a uuiismw) ITHAITt/miUW CULT IMTICT S port P. Mang Peoang COUH WOW* Haiach. Dubai Damman. 1/1 Oct COUXD KM Karachi Dubai Damnum 20/22 Oct CMIAIIITICT A
      251 words

  • Page 37 Advertisements
    • 1174 37 PACIFIC INTERNATIONAL LINES (PTE) LTD fIHI 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E i jmwha nt rahbkok l VESSEL VOV SIN JUT SIN 1 Si" «i«r. TtDiT.. !T« esTißHuooe »N «/IO e/w 13/10 E QUA tor hawk in/n OTA B,NTANQ KBT37N 8/10 8/10 11/10
      1,174 words
    • 1321 37 F PKFIANG OCEAN vS. r. T M,; G0 T 4 E 2/10 2/10 3/10 BENARTY 2392 6/10 23/10 25/10 26/10 28/10 9/10 9/10 10/10 ALSIA 2402 13/10 30/10 1/11 2/11 4/11 0 16/10 16/10 17/10 BENAVON 2412 20/10 6/11 8/11 iTTi iTTTi E 23/10 23/10 24/10 JUTLANDIA 2422 27/10 iiTTi
      1,321 words
    • 275 37 °BSA° TRANSPORTATION MYANMA pHtfk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MANDALAY V3SW SM to ft PATWt VII9W 4/5 Oct ta ft •»*AN VIS2W 14/16 Oct r*GAH VI47W 04/10 Oct NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 16 Nov
      275 words


  • Page 39 Advertisements
    • 50 39 l/CVISA FREIGHT SERVICES PTE LTD Q Established Sincc 1984 OCEAPO^FORTS REGULAR QROCPAGE AUCKLAND SYDNEY import export HEI£OURNE FREMANTLE SERVICES T j JJf FOR BOOKING 8t SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: *****66 TOLL-FREE TEL: *****34 FAX:*****86 FAX:*****37
      50 words

  • Page 40 Advertisements
    • 1419 40 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: General Agents: Booking Agents: Guan Guan Skipping Sdn BM Ckeng Ckiao Skipping Sdn Bkd P.T. Gbksl Fntra Indonesia Mnrrtime Yick Fung Shipping A Simm FnigM Bookm t Cruts* Costar Shipping Pte Ltd SMp*v FrafcM
      1,419 words
    • 533 40 EXPORTS TO HONGKONG. TMKAN. MANILA t JAPAN "TNICC REKLY" MALACCA STRAITS SERVICE outboiw) vot na km «t hi tm. mm kao kee rro tok m woo »08 |*ssa «ot |na kn msm ACI LOTUS 308 30 9 2H MO HQ 1810 12.10 lt.lt 1711 17.10 1111 Ml SHAN jS" Tit
      533 words
    • 394 40 VESSEL VOV JAKARTA SPOK BANGKOK MAMLA GUAM SATAN j ASIAN ORCHB" II OCT 7 OCT 11 OCT 22 OCT 24 I OCEANA EXPRESS 76 NOV 4 NOV I NOV 14 NOV 20 NOV 22 I "ASIAN ORCHD" It OCT 7 ASIAN ULT V 45 NOV I NOV 12 NOV II
      394 words
    • 278 40 SAMUDBU MDMESM (S) PTC LTD 15 McCALLUM STREET #03-01/82 NATWEST CENTRI J Singapore 0106 Ta4aic R*****0 Tat: *****11-3 Fax: 22S 4935. 227*138 FOR BOOKINGS CALL DMECT UME TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 942 08/10 (TUE) 10/10 (SAT) DERAJAT 1002 07/10 (WED) 10/10 (SAT) LAWANTI 980
      278 words

  • Page 41 Advertisements
    • 693 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 8/10 ROTTERDAM 8/10 HAIF A/ASHDOD/ALEX ANDRIA 8/10 HAMBURG/BREMEN 8/10 MARSEILLE/FRANCE 8/10 FELIXSTOWE/UK 8/10 BARCELONA/SPAIN 8/10 LEHAVRE/ANTWERP 8/10 GENOA/ITALY 8/10 GOTHENBURG/SCANDINAVIA 8/10 LOS ANGELES/WC/IPI TI/10 SYDNEY/MELBOURNE 10/10 INEW YORK/EC 11/10 FREMANTLE/ADELAIDE 15/10 VANCOUVER TI/10
      693 words
    • 723 41 139 RICHFIELD MARINE AGENCIES (S) PTE LTD Sil TEL: *****33 (12 Lines) SI FAX: *****15/*****03 H-q TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivov ETA I LOADING FOR SPORE ANCNNET 28WB 18/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAV WONZ
      723 words
    • 457 41 JAKARTA BANGKOK xmb. ww i jrt [ma *n aarai mm WW 46S 03/10 04/10 PIYA BHUM# 2S3N Tm 04/10 Frig/M WWW BHJM 141S 07/10 10/10 IMHH BHUM* 127N Wed 07/10 Sun 11/10 B IM iM? lANU BHUM 45M Fit 09/10 Mot 12/10 HMITA BHUM 7l«r Sa, 10/10 fed 14/10 BtNJA
      457 words
    • 343 41 <Bmm IKERIK VSL VOY BMGAPONE MADRAS HfHHi KBEI VOT SM mm sa no* spud nm k-m/ii li ivu ij-20/w «a STM JtK M-M/ll 14-IS/II 2122/10 n» BBS 3M 1211/11 19-20/11 27 M/1I THR CKEK 17* IU7/10 25-24/ II 30-11/11 VSL VOY BMQAPOnE/CALCVTTA/SMQAP(ME ttSSEi VOT CM SM Tttl mvu 157CW 01-lOTIO
      343 words

  • Page 42 Advertisements
    • 1515 42 groupage |PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 7/10 8/10 9/10 Honf Konf Ldn/Fli/Rdm/Ant 8/10 9/10 10/10 11/10 12/10 13/10 Honf Ko«i| G'bwi/C'hafen/S'holm/Oslo 11/10 12/10 13/10 14/10
      1,515 words
    • 296 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SM MULBERA 29S 15/10 27/10 29/10 15/11 AUST STAR 0530 26/10 7/11 9/11 26/11 PROSPECT 21S 6/11 IS/11 20/11 6/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER, WELLINGTON,
      296 words
    • 907 42 THONG SOON UNES PTE. LTD. Ms 77 ROBINSON ROAD #15-00, #16-00 SIA BUHOMG SMGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA VESSEL TvOT [s'POtt [PEST KSSU XT SUtE P. KU* EQUATOR 111 72/92E 06 OCT KUCHING
      907 words
    • 259 42 CCNI J4A yAyA||AJkl|u| v/OiTip#nii wnnvni ov wfvf9* cwl Mnooiinftci 8. ASEASPAC SERVICE ACCEPTING CONTAINERS AND BREAKBULK DIRECT SERVICE TO SOUTH PACIFIC ISLANDS SM NOU SUV fPT U BONTANG 410 KB 2 3/11 18/11 18/11 20/11 VMM I 470X8 27 28/11 18/12 13/12 18/12 DIRECT SERVICE TO CHILE. PERU. BOLIVIA sm
      259 words

  • Page 43 Advertisements
    • 825 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAK BUI K FCL/SOC CARGOES TO/FROM CALL AO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH Bft.l OF LADING 4 EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOJI, TOKYO*. MANILA*. DAVAO*.
      825 words
    • 582 43 rzn zim Iwl CoatalMr Sofvlct LihmJ N.AMERICA/CARRIBEAN SERVICES VESSEL »01 SBI MWW »0T LAI KSI SAW WTC HI ZMPMMUS 1321 14/10 AM ISRAEL IE li/U 25/11 29/11 1/12 3/12 m alejawria 7* 17/10 m italia m 8/1117/1121/1123/1125/11 m TOROHAMA 21E 29/10 KOREA 30/11 9/12 13/12 15/12 17/12 OLUAI I7IE I
      582 words
    • 603 43 CONVENTIONAL SERVICE TO/FRO A) VIETNAM B) HONG KONG C) BANGKOK D) INDIAN SUB-CONTINENT PORTS REGULAR LINER CONVENTIONAL SERVICE TO BELAWAN/JKT VOV. NO. PIC BLW JKT SEA QUEEN 608 22/9 24/9 SEA QUEEN 609 28/9 29/9 SEA QUEEN 610 1/10 3/10 GULF TRAVELLER 41 5/10 11/10 GULF TRAVELLER 42 19/10 2S/10
      603 words
    • 773 43 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAMO IOOKINC LUCKY TRANSPORT FREIGHT CO (PTE) LTD
      773 words

  • Page 44 Advertisements
    • 708 44 ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 II countries In conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in bouse customs service and Routier goods from door to door trucks for home deliveries at
      708 words
    • 496 44 Eonterml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 15TH OCTOBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 11 OCT JAKARTA 11 OCT PENANG 08 OCT PORT KELAN6 08 OCT MELBOURNE 08 OCT SYDNEY 08 OCT FREMANTLE 07 OCT BBISBANE 17 OCT HAMBURG 10 OCT FELIXSTOWE 10 OCT GOTHENBURG 11 OCT
      496 words
    • 362 44 This Week's Sailings To: KID To! ETS Singapore Singapore Hamburg 10/10/92 Bangkok 11/10/92 |lgj|jfc I x>s Angeles jK Manila 09/10/92 (Onforwarding to Mid West/ 11/10/92 s K.asl C oast of Colombo 11/10/92 ISA) T qc* v A Tel: Fax: v M <i>w WW Singapore 778 6522 *****38 Ctandhi #f II
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    • 487 44 fefca CHINESE-POLISH WA JOINT STOCK SHIPPING CO 1 CONTAPO/BREAKBULK I— I KMU.OMC2 V 50 16/10 CASABLANCA POKOI V2B 6/10 HAMBURG/ROTTERDAM/GRYNM I LB A) V 22 15/10 HMKN/MGME SHANGHAI PARANDOWSKI ¥49 1/10 SHANGHAI BALTIC FAR EAST SHIPPING PTE LTD 2 MSTRI ROAD #10-00, HMC BUIDMG, STORE 0207 TEL: *****69 FAX: *****09
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  • Page 45 Advertisements
    • 1290 45 jt N^Ub yd WEEKLY SERVICE TO ALEXANDRIA, PORT SAID PORT SUEZ (EGYPT) NedllQyd Unes 7EL~s-i MO R r» 2m» S* r» H"n M iffT". G Bhum B. Serqa 2/10 30/9 Nil Europa/2342 7/10 23/10 25/10 21/10 28/10 26/10 27/10 28/10 NIL Rochester/2128S 13/10 16/10 15/10 14/10 17/10 20/10 2/11 14/11
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  • Page 46 Advertisements
    • 325 46 WfcW LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE SINZHONG
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    • 319 46 i. cosco UKC COWVtWDOWAL BCBVICE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 28/10 Rotterdam/Antwerp ggj» conventional service VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/Guangzhou COSCO FULL CONTAINER BCWVICE» (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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    • 244 46 mmm CONTAINER LINE \\a Auckland I AUCKLAND WEEKLY CONSOLIDATION A Inland Destinations: new Zealand NEW PLYMOUTH DUN EDI N ?WELLINCTON HAMILTON CHRISTCHURCH/ LYTTLETON •TAURANGA/WaUNCTON -NAPIER #o.ri*churt:h Tel: 538 0155 f OWENS CONTAINER LINE (S) PTE LTD A* 133 New Bridge Road #09-06 Chinatown Point S pore 01 OS SINGAPORE/INDONESIA/SINGAPORE REGULAR
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  • Page 46 Miscellaneous
    • 461 46 TODAY'S TIDES (height in metres) HOU* 0000 0100 0?00 0300 o*oo 0500 0600 0700 BSOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 ISOO 1900 2000 2100 2200 2300 JR 14 19 22 23 23 19 16 13 1.1 1.1 1.2 16 21 27 29 28 26 21 16
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  • Page 47 Advertisements
    • 1169 47 A. HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PK£ PCD SM RTM ANT* liH* HAM BXt| FEL SI FREEDOM 301N 09/10 09/10 09/10 11/10 30/10 30/10 31/10 31/10 31/10 03/11 SI MARtfCR 301W 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXFIOKR 302* 30/10
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    • 432 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ttSSU Wl 9 PI IK U COSMCPMUI 25 UD FT TWWimi 14 FT C4BUSK SIT 2 4 14 l/ll Oil IM4TI 14 l/ll 11/U TIMS 44T4 44 12/11 14/11 HI 11/U TUNC FUU II 12/11 IS/II cm IMI I
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    • 889 47 EXPORT TO: JEDDAH/UK/CONTNENT ISTOK ID SUM kmc ITMM UN •MM *cc*N tmm f« USUC 21/144 l/ll 17/1* 11/11 27/11 21/11 SMtaMtw Tilm. lilnl IiIPIII HRH^H USUM 1 23/340 11/11 21/11 M/ 14 2/11 Vll Mtotan :to Win tastarte. 0* MM KiQS^H CMMUK 44/141 15/1« 7/11 Vll 2/11 4 j" :tid
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  • Page 48 Advertisements
    • 5 48 Every Saturday in Business Times
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    • 89 48 Business Times All our valued customers please note our new general agents in Singapore effective October 01,1992 are: INTERCONTINENTAL MARITIME (PTE) LTD International Plaza #30-12 10 Anson Road Singapore 0207. Telephone *****11,*****06 Fax *****43 Telex RS432O9INTMAR Cable INTMARTT We thank our previous agents in Singapore "JESSELTON SHIPPING PTE LTD" for
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